Help! Help for Actuarial study (2 Viewers)

[ezzy85]

uni maths is hard in that you actually have to understand what youre doing. in the hsc you could do some past papers, do some memorising and youre fine. at uni you really have to like it and be motivated. if youre motivated enough and you dont mind doing the work, stephen, then it shouldnt be a problem.

 

[t-i-m-m-y]

yes so true. I didn't do 4unit, and did a-okay in 1151,1251 last year. You have to work hard tho, no bumming around.

 

[lawforever]

math1151 and 1251 is not a big deal at all compare to ACTL courses

 

[t-i-m-m-y]

math1151 and 1251 is not a big deal at all compare to ACTL courses

In some ways it was easier than ACTL courses, but they are still not easy subjects. In some ways, ACTL are not that difficult- but require a lot of hard work.

 

[lawforever]

In some ways it was easier than ACTL courses, but they are still not easy subjects. In some ways, ACTL are not that difficult- but require a lot of hard work.

ACTL = hard work + talent + interest

 

[t-i-m-m-y]

ACTL = hard work + talent + interest

i guess so.. *shrugs..

personally for me, its not that boring, i work semi-hard, and i have a little talent.... i wonder if thats a recipe for success *crosses fingers until results come out

 

[Stephen lu]

as i know there are 3 parts that have to be completed to become a professional actuary,

and each part are getting harder and harder, so just few ppl can finish all and become AIAA.

then, what happen to the others which just completed part 2 or even part 1?? are they still

a job easily? how are their careers? (i believe that there are heaps ppl in that situation)

 

[lawforever]

yes the FIAA or FSA are the ones who got job most easily. this is inevitable if you check the career search website for actuarial jobs.
however the job prospect also depends on your age and your other skills.
say you are 22 and completed part 1. They still will probably hire you cuz they believe you are young and got a lota potentials.
additionally they can still consider you if you are multiskilled eg. CPA, marketer

 

[ezzy85]

youll probably get the same job as the actuary but your title will be "senior analyst" or somethng like that rather than "senior actuary"

 

[lawforever]

ie. lower position and lower wage

 

[ezzy85]

ie. lower position and lower wage

sometimes lower. but still pretty damn high compared to other industries

 

[§eraphim]

youll probably get the same job as the actuary but your title will be "senior analyst" or somethng like that rather than "senior actuary"

The title is typically "product analyst" and usually requires a Stats degree.

 

[t-i-m-m-y]

When I did work experience at NRMA R&D, the people (actuaries) I worked with were called senior business analysts, or something like that (can't remember everything)

 

[§eraphim]

On an unrelated note,

http://www2.actuarial.unsw.edu.au/contribute2/Actuarial/news/Archives/2005/July2005.htm

"Actuarial Studies PhD Graduation





Yuriy Krvavych graduated with his PhD in actuarial studies at the UNSW May graduation ceremonies. Congratulations to Yuriy, who is now working for Hollard Insurance. His thesis was "Insurer Risk Management and Optimal Reinsurance."

It's funny that Professor Sherris is awarding PhDs without having one himself LOL [I'm not implying he is not qualified to do it..it's just funny]

- - - - - -

Who has applied for actuarial/finance vacation work?

 

[§eraphim]

the program is still in its infancy.

 

[I Robot]

Owie Owie, Sachi pwned me in today's quiz 1, but I've gotta admit it was easier than 2004's quiz...

I've failed, that's for sure ~30/100; but ended with a high on Trenerry's Algebra test.

Should I buckle down for the next 10 weeks, and cram more? I feel ACTL1001 is like FINS1612- very broad, hence they have almost endless topics to examine us on Actuarial Studies.

Sigh~...waiting at the crossroads...

 

[ezzy85]

its a sachi test. absolutely nothing to worry about. and if it was easier than 2004 then sachis in a good mood this year and it wont be so bad.

 

[t-i-m-m-y]

Owie Owie, Sachi pwned me in today's quiz 1, but I've gotta admit it was easier than 2004's quiz...

I've failed, that's for sure ~30/100; but ended with a high on Trenerry's Algebra test.

Yeah.. thats Sachi.. I got 43% i think for the first test... just try and keep up and you'll be fine. After my first actuarial test, I put some effort in, and came out with a good mark..

 

[I Robot]

Have a look at quiz1, potential actuary students...

 

[redslert]

haha if people do really well, be prepared to get totally hammered in q2
or worst, in the assignments